HBI Offer-Annual Contract-2010 SCRAP

Ph: 1-215-917-1700
Fax:1-215-627-1042

American Steel Industries
211 South Street, Suite 336
Philadelphia, Pennsylvania 19147, USA

Barry D. Bernsten
Managing Partner

Sincerely,

Looking forward to hearing from you. Offer is subject to prior sale.

Metallic Iron : 82 - 88 %
Metallization Degree : 90 - 95 %
Carbon : 1.0 - 1.5 %
Average Size : 106?48?32 mm
Average Weight : 500 - 600 gm
Bulk Density : 2.4 - 2.8 ton/m
Apparent Density : 4.9 - 5.5 ton/m

Total Iron : 90 - 94 %

Quantity: 10,000 MT minumum per month, maximum 30,000 MT/month


1) Tonnage required each month-2010 (Starting with January & February Shipment)
2) Discharge Port (Name, Draft, Berth Length)
3) Minimum guaranteed discharge rate, unless CQD terms apply
4) Price indication for January/February shipments (Without firm pricing, we will not reply).
    Price to be adjusted every 60 days based on a mutually agreed index.

Include the following, or we will not reply.

We are interested in long term contracts and not just spot cargoes. If you are serious and relaible long term partner for HBI, please send a firm proposal and tons required each month starting with January 2010 shipment through December 2010.

Attn: HBI Buyers-Serious Inquiries ONLY

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Quantity: 10,000 MT minumum per month, maximum 30,000 MT/month, January-December shipment 2010
Total Iron : 90 - 94 %
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